For Immediate Release

Chicago, IL – November 8, 2021 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Tesla, Inc. TSLA, Comcast Corporation CMCSA, AbbVie Inc. ABBV, The Boeing Company BA, China Petroleum & Chemical Corporation SNP and Advanced Micro Devices, Inc. AMD.

Here are highlights from Friday’s Analyst Blog:

Top Analyst Reports for Tesla, Comcast and AbbVie

The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Tesla, Inc. (TSLA), Comcast (CMCSA), and AbbVie Inc. (ABBV). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

You can see all of today’s research reports here >>>

Shares of Tesla have outperformed the Zacks Automotive – Domestic industry over the year-to-date period (+74.3% vs. +46.7%). The electric vehicle (EV) king hit a milestone in third-quarter 2021, with gross auto margins attaining a record high. The Zacks analyst believes that riding on robust Model 3/Y demand, Tesla achieved record Q3 production and deliveries despite chip crunch. The company has also started making progress at ramping up volumes of Models S and X.

With China being the biggest EV market, Tesla’s Shanghai factory is buoying the company's revenue prospects. Also, production from Berlin and Texas gigafactories is expected to commence this year. In addition to increasing automotive revenues, Tesla’s energy generation and storage revenues are also boosting earnings prospects.

(You can read the full research report on Tesla here >>>)

Shares of Comcast have underperformed the Zacks Cable Television industry over the year-to-date period (+0.6% vs. +2.8%). The Zacks analyst believes that Comcast is benefiting from strength in broadband subscriber base and a strong momentum in wireless business besides advertising revenue growth as reflected by third-quarter 2021 results.

Its strategy to provide high-speed Internet at an affordable price plays a pivotal role in providing connectivity, improving customer wins and experience. Moreover, coronavirus-led increased media consumption, and the work-from-home and online-learning wave bode well for Comcast’s Internet business. However, Comcast persistently suffers from video-subscriber attrition due to cord cutting. Moreover, a leveraged balance sheet is a major concern.